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Guavus Names Mike Staiger as Chief Financial Officer

SAN MATEO, CA, Feb 27, 2014 (Marketwired via COMTEX) - Guavus, a leading provider of big data analytics solutions, today announced that Mike Staiger has joined the company as chief financial officer.

Mike brings to Guavus more than 20 years of leadership experience in both venture-backed private and public technology companies. He has raised over $300 million in private capital under a variety of financing structures and market conditions, and he has structured, negotiated, closed and managed strategic partnerships that have generated revenue in excess of $200 million.

"By developing solutions that provide our customers critically important business insights, Guavus has achieved extraordinary revenue growth," said Manish Goel, CEO of Guavus. "We intend to continue on this trajectory in the coming years. I have had the pleasure of working with Mike previously, and I am confident that Mike will play a key role in our future growth. His strong background in finance and business development adds important capabilities to the Guavus leadership team."

"As enterprises have adopted data-driven approaches to managing their businesses, Guavus has staked out an enviable leadership position in the big data analytics market," said Mike Staiger, CFO of Guavus. "The next stage of growth promises to be an exciting time at Guavus, and I am pleased to be joining the team as they continue to build a dominant market position."

Mike formerly served as chief financial officer of programmable logic solutions provider Tabula, where he played a key role in several debt and equity financings, strategic partnership activities, and technology joint development relationships. Prior to joining Tabula, he was executive vice president and chief financial officer of Copper Mountain Networks CMTN 0.00% . Mike holds a bachelor's degree in English from the University of Michigan and an MBA from the University of Chicago Graduate School of Business.

About Guavus Guavus is a big data analytics company ushering in a new class of decisioning applications for service providers and enterprise customers. The company offers an operational intelligence platform integrated with a suite of decisioning applications for network planning and operations, marketing, security and customer care. The world's most data-intensive companies trust Guavus to help them take strategic advantage of their data assets to grow revenue, improve operating efficiencies and delight customers in new ways. For more information, visit www.guavus.com.